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CSGS (CSG Systems International) Asset Turnover : 0.22 (As of Sep. 2024)


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What is CSG Systems International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CSG Systems International's Revenue for the three months ended in Sep. 2024 was $295 Mil. CSG Systems International's Total Assets for the quarter that ended in Sep. 2024 was $1,370 Mil. Therefore, CSG Systems International's Asset Turnover for the quarter that ended in Sep. 2024 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. CSG Systems International's annualized ROE % for the quarter that ended in Sep. 2024 was 27.18%. It is also linked to ROA % through Du Pont Formula. CSG Systems International's annualized ROA % for the quarter that ended in Sep. 2024 was 5.57%.


CSG Systems International Asset Turnover Historical Data

The historical data trend for CSG Systems International's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CSG Systems International Asset Turnover Chart

CSG Systems International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.76 0.77 0.80 0.84

CSG Systems International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.21 0.22 0.22 0.22

Competitive Comparison of CSG Systems International's Asset Turnover

For the Software - Infrastructure subindustry, CSG Systems International's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CSG Systems International's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, CSG Systems International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where CSG Systems International's Asset Turnover falls into.



CSG Systems International Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

CSG Systems International's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1169.258/( (1348.553+1443.046)/ 2 )
=1169.258/1395.7995
=0.84

CSG Systems International's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=295.143/( (1353.288+1387.446)/ 2 )
=295.143/1370.367
=0.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


CSG Systems International  (NAS:CSGS) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

CSG Systems International's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=76.352/280.87
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(76.352 / 1180.572)*(1180.572 / 1370.367)*(1370.367/ 280.87)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.47 %*0.8615*4.879
=ROA %*Equity Multiplier
=5.57 %*4.879
=27.18 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

CSG Systems International's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=76.352/1370.367
=(Net Income / Revenue)*(Revenue / Total Assets)
=(76.352 / 1180.572)*(1180.572 / 1370.367)
=Net Margin %*Asset Turnover
=6.47 %*0.8615
=5.57 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


CSG Systems International Asset Turnover Related Terms

Thank you for viewing the detailed overview of CSG Systems International's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


CSG Systems International Business Description

Traded in Other Exchanges
Address
169 Inverness Dr W, Suite 300, Englewood, CO, USA, 80111
CSG Systems International Inc is a purpose-driven, SaaS platform company that enables companies in a wide variety of industry verticals to tackle the growing complexity of business in the digital age. The company's cloud-first architecture and customer-centric approach empower companies to deliver unforgettable experiences for B2B (business-to-business), B2C (business-to-consumer), and B2B2X (business-to-business-to-consumer) customers, making it easier for people and businesses to connect to, use and pay for the services the company offers. The company operates in one segment i.e. Solutions and Services. Geographically, the company generates revenue from Americas (principally the U.S.).
Executives
Hai Tran officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Lori Szwanek officer: SVP, Chief Accounting Officer 2803 N 161ST AVENUE, OMAHA NE 68116
Kenneth M Kennedy officer: EVP Product Development 33 W MONROE ST, SUITE 900, CHICAGO IL 60603
Eric Carrasquilla officer: EVP Pres. Customer Experience 1600 SEAPORT BLVD., SUITE 400, PACIFIC SHORES CENTER - BUILDING 6, REDWOOD CITY CA 94063
Rachel A. Barger director 751 SHERWOOD RD NE, ATLANTA GA 30324
Rasmani Bhattacharya officer: SVP, General Counsel 6175 S. WILLOW DR 10TH FLOOR, GREENWOOD VILLAGE CO 80111
Chad Dunavant officer: EVP Product & Strategy Officer 6175 S WILLOW DR 10TH FLOOR, GREENWOOD VILLAGE CO 80111
Alfred George Binford officer: President, Customer Engagement 6175 S WILLOW DR 10TH FLOOR, GREENWOOD VILLAGE CO 80111
David Neil Schaaf officer: SVP, Chief Accounting Officer 6175 SOUTH WILLOW DRIVE, GREENWOOD VILLAGE CO 80111
Gregory A Conley director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Elizabeth A Bauer officer: EVP, CMO & CCO 6175 SOUTH WILLOW DRIVE, 10TH FLOOR, GREENWOOD VILLAGE CO 80111
Rolland B Johns officer: Chief Accounting Officer 9555 MAROON CIRCLE, ENGLEWOOD CO 80112
Tseli Lily Yang director C/O MEDIVATION, INC., 525 MARKET ST., 36TH FLOOR, SAN FRANCISCO CA 94105
Silvio Tavares director 20 TIPTOE LANE, BURLINGAME CA 94010
Bret C Griess officer: EVP, Operations 9555 MAROON CIRCLE, ENGLEWOOD CO 80112